Celebrations broke out across Syria after President Donald Trump said the United States would lift sanctions on the country.

The Syrian foreign ministry on Tuesday welcomed Trump’s announcement, calling it a “pivotal turning point for the Syrian people, as we seek to emerge from a long and painful chapter of war”.

“The removal of those sanctions offers a vital opportunity for Syria to pursue stability, self-sufficiency, and meaningful national reconstruction, led by and for the Syrian people,” it said in a statement.

In a speech given in Riyadh, the US president said he “will be ordering the cessation of sanctions against Syria in order to give them a chance at greatness”.

US sanctions have isolated Syria from the global financial system and imposed a range of economic restrictions on the government over more than a decade of war in the country.

The lingering sanctions have widely been seen as a major obstacle to Syria’s economic recovery and post-war reconstruction.

Syrians met the news with joy and celebration, with dozens of men, women and children gathering in Damascus’s Umayyad Square. They blasted music while others drove by in their cars, waving Syrian flags.

“My joy is great, this decision will definitely affect the entire country positively. Construction will return, the displaced will return and prices will go down,” said Huda Qassar, a 33-year-old English language teacher, celebrating with her compatriots.

In the northern province of Idlib, Bassam al-Ahmed, 39, said he was very happy about the announcement.

“It is the right of the Syrian people, after 14 years of war and 50 years of the Assads’ oppression, to live through stability and safety,” he said.

Mazloum Abdi, also known as Mazloum Kobani, the leader of the US-backed, Kurdish-led Syrian Democratic Forces, welcomed the decision, saying he hopes it “will be invested in supporting stability and reconstruction, ensuring a better future for all Syrians”.